Education technology is making great strides in improving the way Spanish is taught and learned. The latest example of this is Correcto, a Madrid-based language writing tool company that specializes in Spanish-speaking audiences. Recently, Correcto raised $7 million in seed funding, led by London-based Octopus Ventures with participation from Carya Venture Partners and River Park Ventures.
This latest round of funding will be used to develop the Correcto platform, expand its presence around the world, and strengthen its team. Founded in 2021, Correcto is a SaaS platform that offers real-time Spanish linguistic corrections through artificial intelligence and machine learning. The startup already has an impressive presence in Argentina, Colombia, and Mexico.
With 591 million Spanish speakers across the globe, Correcto is working to offer solutions that can help users improve their writing in Spanish. This not only opens up better opportunities for these individuals, but it can also help teachers better support their students in their language learning.
The founders of Correcto expressed their appreciation for the support they have received throughout their journey: “We want to express our sincere gratitude to all investors, team members, customers, and partners who have been with us on this exciting journey so far. Your unwavering support and faith in Correcto has been instrumental to our continued success.”
The Correcto team is dedicated to becoming the global standard-bearer for the Spanish language. With this latest round of funding, they will be able to take their product and worldwide presence to the next level, helping to make Spanish education more accessible to everyone.
